Resolution No. 4595 - Laserfiche WebLink

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EXHIBIT A [FORM OF BOND] No. R-<<BondNumber>> $<<PrincipalAmtNumber>> United States of America State of Oregon County of Lane City of Eugene General Obligation Bond Series 1999 Dated Date: , 1999 Interest Rate Per Annum: <<CouponRate>>% Maturity Date: June 1, <<MaturityYear>> CUSIP Number: <<CUSIPNumbr>> Registered Owner: -----CEDE & CO.----- Principal Amount: -----<<PrincipalAmtSpelled>> DOLLARS----- THE CITY OF EUGENE, in the County of Lane, State of Oregon (the "City"), for value received, acknowledges itself indebted and hereby promises to pay to the Registered Owner hereof, or registered assigns, the above Principal Amount on the above Maturity Date, together with interest thereon from the date hereof at the Interest Rate Per Annum indicated above. Interest is payable semiannually on _ 1 and _ 1 in each year until maturity or prior redemption, commencing _' Payment of each installment of principal or interest shall be made to the Registered Owner hereof whose name appears on the registration books of the City maintained by the City's paying agent and registrar, which is currently BNY Western Trust Company, in Seattle, Washington (the "Registrar") as of the close of business on the fifteenth day of the calendar month immediately preceding the applicable interest payment date. For so long as this Bond is subject to a book-entry-only system, principal and interest payments shall be payable to Cede & Co., as nominee of The Depository Trust Company, or its registered assigns, on each payment date. Such payments shall be made payable to the order of "Cede & Co." This Bond is one of an authorized issue of Bonds of the City entitled General Obligation Bonds, Series 1999 in the aggregate principal amount of $20,000,000 (the "Bonds"), and is issued by the City to finance the purchase of parkland, the building of parks and youth sports fields and the replacement of Amazon Pool as authorized by the voters of the City on November 3, 1998. The Bonds are issued pursuant to City Resolution No. _ adopted _, 1999 (the" Resolution") and Oregon Revised Statutes Section 287.004(1) and Chapters 287 and 288, and in full and strict accordance and compliance with all of the provisions of the Constitution and Statutes of the State of Oregon and the Charter of the City. The City has pledged its full faith and credit for the punctual payment of the principal of and interest on the Bonds. The City has also covenanted with the owners of the Bonds to levy a direct ad valorem tax upon all of the taxable property within the City which is sufficient, after taking into consideration discounts taken and delinquencies that may occur in the payment of such taxes, to pay Bond principal and interest when due. The City has covenanted to levy this tax each year until the Bonds are paid. This tax shall be in addition to all other taxes of the City, and this tax shall not be limited in rate, amount or otherwise, by Sections 11 or lIb of Article XI of the Oregon Constitution. The Bonds are initially issued as a book-entry-only security issue with no certificates provided to the Bondowners. Records of Bond ownership will be maintained by the Registrar, and by The Depository Trust Company and its participants. Should the book-entry only security system be discontinued, the Bonds shall be issued in the form of registered Bonds without coupons in denominations of$5,000 or any integral multiple thereof. Such Bonds may Page 1 - Exhibit A (Form of Bond)